Latest Personal Loan Offers: Early this year, the State Bank of India went public with its plea to the Reserve Bank of India not to charge a higher provisioning cost for its ‘teaser’ housing loans. The bank felt it was like a slap on the wrist, for crimes it did not commit. View full post [...]
Posts Tagged ‘state bank of india’
Leadership race in housing loan mkt exposes SBI to RBI strictures
February 10th, 2011 
davidguide 
Posted in Borrowers 
Tags: bank of india, Cost, housing, housing loan, housing loans, leadership race, mkt, Reserve, reserve bank of india, SBI, state bank of india, strictures 
Comments OffRBI Raises Interest Rates For 6th Time In 2010
November 2nd, 2010 davidguide AHN News Staff New Delhi, India (AHN) – For the sixth time in 2010, the Reserve Bank of India (RBI) increased the interest rates by another 25 basis points (bps) just to check the inflation rate, which has shown no signs of reduction for the past more than one year. The repo rate at which [...]
Posted in Borrowers Tags: 2010, apex bank, Bank, cash reserve ratio, global economic crisis, India, inflation, inflation outlook, Interest, New Delhi, new delhi india, O. P. Bhatt, percent, Raises, rate, Rates, RBI, state bank of india, time, wholesale price index Comments OffBanks make loans more expensive
October 1st, 2010 davidguide Lending rates have started rising after more than two years. Five banks have increased their benchmark lending rate — or the base rate — even as the country’s largest lender, State Bank of India, decided to maintain status quo. All corporate and retail loan rates linked to the base rate will now go up. View [...]
Posted in Borrowers Tags: bank of india, Banks, base, benchmark, country, expensive, lending, loan rates, Loans, More, rate, state bank, state bank of india Comments OffStart saving money via savings accounts
October 28th, 2009 davidguide In the preceding years, the banking domain of the country was not like as it is now. It has matured a lot in past 10 years or so and has gone through some important transformations over a period of time. The banking system has modified itself to satisfy the needs of its growing customers. At [...]
Posted in Borrowers Tags: account, allahabad bank, Bank, bank of india, Banking, country, electronic fund transfer, hdfc bank, independent banks, India, Interest, private sector banks, state bank of india Comments Off